ADS Appoints New CFO, Scott Hall

Ticker: WMS · Form: 8-K · Filed: Jul 8, 2024 · CIK: 1604028

Advanced Drainage Systems, Inc. 8-K Filing Summary
FieldDetail
CompanyAdvanced Drainage Systems, Inc. (WMS)
Form Type8-K
Filed DateJul 8, 2024
Risk Levellow
Pages2
Reading Time2 min
Key Dollar Amounts$0.01
Sentimentneutral

Sentiment: neutral

Topics: executive-appointment, cfo-change

TL;DR

ADS just named Scott Hall the new CFO, replacing Mark Stewart. Big changes in finance!

AI Summary

Advanced Drainage Systems, Inc. announced on July 5, 2024, the appointment of Scott Hall as Chief Financial Officer, effective immediately. Hall previously served as the company's Senior Vice President of Finance and has been with the company since 2012. This change follows the departure of former CFO, Mark Stewart.

Why It Matters

The appointment of a new CFO can signal a shift in financial strategy or leadership, impacting investor confidence and the company's financial reporting.

Risk Assessment

Risk Level: low — This filing primarily concerns a routine executive appointment and does not indicate significant financial distress or operational disruption.

Key Players & Entities

  • Advanced Drainage Systems, Inc. (company) — Registrant
  • Scott Hall (person) — Appointed Chief Financial Officer
  • Mark Stewart (person) — Former Chief Financial Officer
  • July 5, 2024 (date) — Effective date of appointment

FAQ

Who has been appointed as the new Chief Financial Officer of Advanced Drainage Systems, Inc.?

Scott Hall has been appointed as the new Chief Financial Officer of Advanced Drainage Systems, Inc.

When was Scott Hall's appointment effective?

Scott Hall's appointment was effective as of July 5, 2024.

What was Scott Hall's previous role within Advanced Drainage Systems, Inc.?

Scott Hall previously served as the Senior Vice President of Finance for Advanced Drainage Systems, Inc.

Who did Scott Hall replace as CFO?

Scott Hall replaced Mark Stewart as CFO.

What is the principal executive office address for Advanced Drainage Systems, Inc.?

The principal executive office address is 4640 Trueman Boulevard, Hilliard, Ohio 43026.

Filing Stats: 476 words · 2 min read · ~2 pages · Grade level 11.5 · Accepted 2024-07-08 16:18:39

Key Financial Figures

  • $0.01 — ange on which registered Common Stock, $0.01 par value per share WMS New York Stock

Filing Documents

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits The following exhibits are being furnished as part of this report: 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 1

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ADVANCED DRAINAGE SYSTEMS, INC. Date: July 8, 2024 By: /s/ Scott A. Cottrill Name: Scott A. Cottrill Title: EVP, CFO & Secretary 2

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